alstry (35.87)

DEPPRESSION TO FACISM.....you will be Uncle Ben's Slave!!!!!

9

When you permit banks infect a society with too much debt that mathematically can't be paid back.....then you bailout out the banks and NOTthe people or private hard working entrepreneurs from the inevitable collapse.......pretty soon the people and private business go bankrupt(ZOMBULATED) and the SUBSIDIZED banks and government own the people and private business.......at that point they can control the wages of American citizens dropping them to subsistance levels and/or creating a dependency on welfare.......

Pretty soon we all work for Government or Banks at very low wages in one way or another........welcome to the theft of the free market private ownership America and many of you Fools simply refuse to believe it!!!!!!

Now Bernanke is devaluing the dollar by flooding the Federal Govt and Banks with money while effectively cutting the wages of American citizens by eliminating private access to capital....with crashing incomes and rising prices.....American citizens starve while Bernanke and his banker buddies eat you for breakfast, lunch, and dinner.

And for those of us who think we have some money....just wait until the government tells you it MUST tax ALL your assets for the benefit of the government and banks. And gold bugs....soon metals will likely get confiscated and government controlled digital metal may become the replacement.

Alstrynomics is about FREEDOM....NOT select few FACISM.

IF WE ARE GOING TO HAVE A CRASH.....ALL CITIZENS SHOULD CRASH TOGETHER AND NOT JUST THE CITIZENS AND PRIVATE BUSINESS THAT DON'T HAVE ACCESS TO UNCLE BENNY......THAT WAY WHEN WE RESTRUCTURE.....THERE ARE NOT A FEW WHO GOT MASSIVE HANDOUTS THAT CONTROL EVERYTHING. IF WE ARE GOING TO BAILOUT...THEN ALL SHOULD GET BAILED OUT!!!!!

THERE IS AN EQUAL PROTECTION CLAUSE IN THE CONSTITUTION OF THE UNITED STATES. ALSTRYNOMICS IS A BELIEVER IN THE U.S. CONSTITUTION.

Our nation and your lifestyle is being assaulted.....this time from within by our own banking system with the support of most of your elected leaders in Washington. Expect a major economic convulsion or major military conflict to occur in the next few months to distract you from the theft of your life as you know it!!!!!!!!

Payrolls fell by 345,000, less than forecast, while the unemployment rate hit a 25-year high of 9.4 percent, partly because more people joined the workforce to look for jobs, Labor Department figures showed. The annual rate of average hourly earnings growth touched its lowest since November 2005.

WAGES CRASHING!!!!!

IMAGINE WHAT THE UNEMPLOYMENT RATE WILL BE WHEN MORE ARE FORCED TO START LOOKING FOR JOBS DUE TO DECLINING SPOUSE WAGES!!!!!!!!!!!!

While I'm a huge bear, I'll just take this opportunity to say Celente is a fraud and an annoying one at that. How many times is he going to say "we registered the domain "thepanicof08.com" because he could see all this coming? A domain costs peanutes to register and panic is such a general term that it could refer to anything...epidemic, war, etc. He just throws a bunch of shit out there and sees what sticks.

I want to, for a minute, pose the idea that all of this is correct, except for the reasoning behind it and the direct causes. It is not the intention of persons, of any stripe, of any station in America, from any class, or from any ethnic group, that any of this should occur. It is nature itself which causes these things to happen. In 1873, we were 'hung on a cross of gold'. Today, we are 'hung on a fractional reserve system'. It is not the mechanics of a thing which define it, it's 'engineering', it is the intrinsic spirit which lies beneath. Once a Society walks down the path of predatory advantage, it attracts to it the most efficient predators. The mechanics of the method need not matter one bit. They will use whatever is at their disposal. That is the nature of man.

Just as Hoover could not understand the forces at work in his time, summarily writing it off as a psychological meltdown; none will understand the forces at work in this time either. Man is intelligent and knows how to hide his deceit. But his spirit he wears upon his sleeve. In order to prosper and protect yourself and your loved ones, you will be forced to make no mistakes....to in fact be perfect....and odds are even that will not suffice.

Our Founding Fathers knew this predatory trail, as it was the sole reason for their escape to the New World. The lessons that they brought with them were all lessons of imbalance and the predatory nature of man. They established Religion as the natural counterweight to selfish desire. They established Government in a tripartite structure so as to frustrate the efforts of a single predator. In time that structure has been altered. No longer do the branches of Government work against one another to check and balance any single thought, they instead now work towards a common predatory end. This is the sight of the Beast of Sea, it's waves lapping over every home and every community.

The only real question is how did our Founding Fathers know? It could be possible that the reason why they knew was from their own bitter experience. That experience has now been lost in the public mind, as it has been mollycoddled with visions of things unreal. Ask any Citizen how the Yankees or the Lakers are doing, and you will certainly get a spirited, lively, and well informed debate. Ask them what the 10 Year Treasury should be priced at for optimum economic performance and you will get a BLANK STARE. Someone might even ask "what is that?"

Now, I ask you. What is more important? The success of the Lakers or the fact that we all find ourselves in the Lake drowning? Some would say that they would prefer to see the Lakers win, the moment before their drowning. This is now the 'nature' of things. We have witnessed in this generation the most extensive dumbing down of the population that we have ever seen. It is not by anyone's design to make it so, it has all been simply by our own choice. We are now at the jumping off point, where the establishment has been 'upped'. Now what? You see, any idiot can destroy a thing, but it takes real genius in order to create something that works. Where is your genius?

WASHINGTON -- The Obama administration rushed an alliance between Chrysler LLC and Fiat SpA despite Chrysler's worries about Fiat's financial health and its willingness to share technology, according to internal company emails.

The emails show Fiat ignoring requests for documents and trying to change contract terms late in the talks. A Chrysler adviser at one point said the deal risked looking as if the U.S. auto maker and the Treasury Department, which helped broker the pact, were "in bed with a shady partner." In another note, an official referred to the Treasury Department as "God."

WHEN WILL THE AMERICAN PEOPLE WAKE UP.....HOW STUPID ARE WE?????

MAYBE ONE MORNING WHEN A BOMB GOES OFF IN THE WRONG PLACE......OR MAYBE WHEN WE FINALLY REALIZE YOU CAN'T BORROW $2 AND 1/2 TRILLION DOLLARS WHEN THAT AMOUNT OF MONEY IS NOT AVAILABLE OR IF IT WAS, WE WOULD HAVE TO PAY INSANE RATES OF INTEREST SINCE WE DON'T HAVE THE INCOME TO EVER PAY IT BACK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

yawn. you just hate it that everyone else is making money in the market but you. did it ever occur to you that you don't understand economic psychology? btw china has been printing money for years and years, they also have inflation, and a much more interventionsist govt. so maybe we should all watch out! china's gonna collapse!!! gimme a break

yawn. you just hate it that everyone else is making money in the market but you. did it ever occur to you that you don't understand economic psychology? btw china has been printing money for years and years, they also have inflation, and a much more interventionsist govt. so maybe we should all watch out! china's gonna collapse!!! gimme a break

This is probably the best chart for demonstrating that we have seen the worst of the jobs deterioration. The unemployment rate jumped to 9.4% in May, but that might well prove to be the high. The pace of layoffs has dropped; the pace of job losses has dropped: the pace of unemployment claims has dropped; claims as a percent of the workforce has dropped. We've clearly passed through an inflection point.

Now for Seeking Alpha refering to Califia Beach Pundit

Scott Grannis has a nice pair of charts showing unadjusted weekly unemployment claims (top chart), and jobless claims as a percent of payrolls. I have previously featured a similar analysis using the jobless claims as a percent of the labor force, but haven't updated my charts lately, so thought I would feature Scott's.

There's a serious problem using unadjusted jobless claims: the population, payroll levels, and labor force have all doubled since the early 1960s, making unadjusted comparisons of jobless claims today to past years pretty meaningless. As the bottom chart above shows, we're currently at about the same level of jobless claims (as a percent of payrolls) as the 1990-1991 recession, but not even close yet to the jobless claims levels of the 3 recessions during the 1970s and 1980s.

As I have reported before, and as Scott's charts show, jobless claims today would have to be about 50% higher, or about 900,000, to be as bad as the recessions of the 1970s and 1980s.